Oakhaven
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38141) currently shows 48 active listings, with 17 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 48 days on market compared to 54 days last year.
The median listing price has fallen 8.8% year-over-year, from $208,900 to $190,575.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 23,123 · Density: 1,143.4/mi² · Median household income: $67,584
Typical home value: $135,087 · Homeownership: 68.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38141 | Memphis, TN 38141 | 0.0 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38125 | Memphis, TN 38125 | 3.8 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38118 | Memphis, TN 38118 | 4.5 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38654 | Olive Branch, MS 38654 | 5.8 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38117 | Memphis, TN 38117 | 7.4 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38672 | Southaven, MS 38672 | 7.6 mi | 102 | $40,251,648 | $385,500 | $394,624 |
| 38671 | Southaven, MS 38671 | 8.8 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38114 | Memphis, TN 38114 | 9.3 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38122 | Memphis, TN 38122 | 10.5 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38112 | Memphis, TN 38112 | 11.4 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38106 | Memphis, TN 38106 | 11.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38637 | Horn Lake, MS 38637 | 11.9 mi | 54 | $14,868,684 | $227,000 | $275,346 |
| 38016 | Cordova, TN 38016 | 12.5 mi | 146 | $48,018,524 | $327,625 | $328,894 |
As of April 2026, there are 48 active listings in MEMPHIS, TN (zip code 38141), compared to 48 the prior year.
The median listing price in MEMPHIS, TN 38141 is $190,575 as of April 2026, a 8.8% decrease from $208,900 the prior year.
Homes in MEMPHIS, TN 38141 spend an average of 48 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38141 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 48 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38141 save an estimated $3,812 compared to a typical 5% commission on the median listing price of $190,575. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.